EU Scaffolding Market Rose 4.5% to Reach $2.4B in 2018

IndexBox has just published a new report: 'EU - Equipment For Scaffolding, Shuttering, Propping Or Pit Propping - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

The revenue of the scaffolding market in the European Union amounted to $2.4B in 2018, surging by 4.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price).

Consumption by Country

The countries with the highest volumes of scaffolding consumption in 2018 were Poland (489K tons), Italy (317K tons) and Germany (161K tons), with a combined 52% share of total consumption. These countries were followed by France, Spain, Belgium, the UK, Bulgaria, Austria, Portugal, Sweden and the Czech Republic, which together accounted for a further 37%.

From 2007 to 2018, the most notable rate of growth in terms of scaffolding consumption, amongst the main consuming countries, was attained by Belgium, while scaffolding consumption for the other leaders experienced more modest paces of growth.

In value terms, the largest scaffolding markets in the European Union were Poland ($401M), Germany ($333M) and Italy ($300M), together accounting for 42% of the total market. France, the UK, Austria, Sweden, Spain, Belgium, the Czech Republic, Bulgaria and Portugal lagged somewhat behind, together accounting for a further 40%.

The countries with the highest levels of scaffolding per capita consumption in 2018 were Poland (12,800 kg per 1000 persons), Belgium (10,778 kg per 1000 persons) and Bulgaria (10,126 kg per 1000 persons).

From 2007 to 2018, the most notable rate of growth in terms of scaffolding per capita consumption, amongst the main consuming countries, was attained by Belgium, while the other leaders experienced more modest paces of growth.

Production in the EU

The EU scaffolding production totaled 2.1M tons in 2018, therefore, remained relatively stable against the previous year. Overall, scaffolding production, however, continues to indicate a measured drop. The pace of growth appeared the most rapid in 2014 with an increase of 16% against the previous year. Over the period under review, scaffolding production attained its maximum volume at 2.8M tons in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Production by Country

The countries with the highest volumes of scaffolding production in 2018 were Poland (541K tons), Italy (389K tons) and Germany (257K tons), with a combined 57% share of total production. These countries were followed by Austria, Spain, Belgium and Bulgaria, which together accounted for a further 29%.

From 2007 to 2018, the most notable rate of growth in terms of scaffolding production, amongst the main producing countries, was attained by Austria, while scaffolding production for the other leaders experienced more modest paces of growth.

Exports in the EU

In 2018, the exports of equipment for scaffolding, shuttering, propping or pit propping in the European Union amounted to 1.3M tons, surging by 13% against the previous year. In general, scaffolding exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of 20% year-to-year. Over the period under review, scaffolding exports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, scaffolding exports totaled $3.1B (IndexBox estimates) in 2018.

Exports by Country

Germany (360K tons) and Austria (266K tons) were the largest exporters of equipment for scaffolding, shuttering, propping or pit propping in 2018, accounting for approx. 28% and 21% of total exports, respectively. Italy (115K tons) occupied the next position in the ranking, followed by Spain (109K tons) and Poland (101K tons). All these countries together occupied approx. 26% share of total exports. The Czech Republic (44K tons), the Netherlands (43K tons), Belgium (39K tons), the UK (36K tons), Sweden (26K tons), France (25K tons) and Portugal (21K tons) occupied a little share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Sweden.

In value terms, the largest scaffolding supplying countries in the European Union were Germany ($1.1B), Austria ($652M) and Spain ($235M), together comprising 63% of total exports. These countries were followed by Italy, Poland, the Netherlands, Belgium, the UK, the Czech Republic, Sweden, France and Portugal, which together accounted for a further 31%.

Export Prices by Country

The scaffolding export price in the European Union stood at $2,440 per ton in 2018, surging by 8.7% against the previous year. Prices varied noticeably by the country of origin; the country with the highest price was Germany ($2,954 per ton), while the Czech Republic ($1,538 per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Belgium.

Imports in the EU

The imports totaled 1M tons in 2018, going up by 15% against the previous year. In general, scaffolding imports, however, continue to indicate a slight curtailment. The growth pace was the most rapid in 2018 when imports increased by 15% against the previous year. The volume of imports peaked at 1.2M tons in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, scaffolding imports amounted to $2.3B (IndexBox estimates) in 2018.

Imports by Country

In 2018, Germany (263K tons), distantly followed by France (114K tons), the UK (91K tons), Austria (72K tons), the Netherlands (54K tons), Belgium (49K tons), Poland (49K tons) and Sweden (49K tons) were the main importers of equipment for scaffolding, shuttering, propping or pit propping, together comprising 71% of total imports. The following importers - Spain (45K tons), Italy (42K tons), the Czech Republic (29K tons) and Denmark (25K tons) - together made up 14% of total imports.

From 2007 to 2018, average annual rates of growth with regard to scaffolding imports into Germany stood at +5.8%. At the same time, Sweden (+6.9%), the Czech Republic (+1.8%), Denmark (+1.6%) and Austria (+1.1%) displayed positive paces of growth. Moreover, Sweden emerged as the fastest-growing importer imported in the European Union, with a CAGR of +6.9% from 2007-2018. France experienced a relatively flat trend pattern. By contrast, Poland (-1.8%), Belgium (-1.9%), Spain (-4.8%), the Netherlands (-7.0%), Italy (-7.2%) and the UK (-8.3%) illustrated a downward trend over the same period. While the share of Germany (+12 p.p.) and Sweden (+2.4 p.p.) increased significantly in terms of the total imports from 2007-2018, the share of Spain (-3.2 p.p.), Italy (-5.2 p.p.), the Netherlands (-6.3 p.p.) and the UK (-14 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($539M) constitutes the largest market for imported equipment for scaffolding, shuttering, propping or pit propping in the European Union, comprising 24% of total scaffolding imports. The second position in the ranking was occupied by France ($251M), with a 11% share of total imports. It was followed by the UK, with a 9.2% share.

From 2007 to 2018, the average annual growth rate of value in Germany amounted to +3.3%. The remaining importing countries recorded the following average annual rates of imports growth: France (-0.4% per year) and the UK (-4.8% per year).

Import Prices by Country

In 2018, the scaffolding import price in the European Union amounted to $2,185 per ton, increasing by 5.3% against the previous year. In general, the scaffolding import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 an increase of 19% y-o-y. In that year, the import prices for equipment for scaffolding, shuttering, propping or pit propping attained their peak level of $2,586 per ton. From 2009 to 2018, the growth in terms of the import prices for equipment for scaffolding, shuttering, propping or pit propping failed to regain its momentum.

Average prices varied somewhat amongst the major importing countries. In 2018, major importing countries recorded the following prices: in the Netherlands ($2,588 per ton) and Austria ($2,468 per ton), while Poland ($1,998 per ton) and Germany ($2,044 per ton) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Italy, while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform